Longevity Risk and Protection Mechanisms for Pension Funds: Systematic Literature Review
DOI:
https://doi.org/10.23925/2176-901X.2020v23i1p415-449Keywords:
Longevity Risk, Pension Funds, Protection Strategies, Longevity Economy.Abstract
The longevity risk is conceptualized as the probability that the resources destined for retirement payments will end before the end of a person´s life. This paper presents a systematic literature review on the main mechanisms for hedge of longevity risk in Pension Funds. The results indicate that the main strategies are in the annuity and insurance market. It is suggested to deepen the studies on the double benefit of investments in longevity business, such as hedging strategy and generation of health, well-being and longevity.
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Published
2020-03-30
How to Cite
Ribeiro, V. L., Chariglione, I. P. F. S., & Salmazo da Silva, H. (2020). Longevity Risk and Protection Mechanisms for Pension Funds: Systematic Literature Review. Revista Kairós-Gerontologia, 23(1), 415–449. https://doi.org/10.23925/2176-901X.2020v23i1p415-449
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